lakalokar,
someone is very keen to get stock and is grabbing everything which comes on offer at 25. Over 800K going thru so far today. No announcement from the company, but the stock is up 13.6% today on much stronger volume thn normally. the company will probably get a please explain from the ASX.....
This could just be a case of a buyer recognizing a bargain mining services stock which is trading on a P/E of just over 10, when many of it's peer stocks are attracting multiples in the range 25-35......
Or it could be the company are about to make an announcement of a return to paying a dividend.....
Time will tell mate :-)
looking great, page-3
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Last
$1.25 |
Change
-0.020(1.57%) |
Mkt cap ! $89.37M | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.27 | $1.23 | $35.97K | 28.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5778 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 472 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CHL (ASX) Chart |